Stephanie Kelton's Modern Monetary Theory, which argues government spending constraints are less about debt limits and more about inflation risk, is drawing fresh interest in Washington following recent Democratic electoral victories. The framework had previously influenced spending debates during the Biden administration's early pandemic-recovery efforts before inflation concerns prompted pushback against its premises.
fastcompany.com
· 2026-11-11
Alphabet's market capitalization fell by roughly $500 billion, according to a market wrap also noting the Justice Department has expanded a criminal investigation into Alaska's Senate race and that U.S. national debt has reached 100% of GDP. No further detail on the cause of Alphabet's decline was provided.
wsj.com
· 2026-10-29
At a Republican midterm rally in Dallas, President Trump pledged that if the GOP retains control of both the House and Senate, his administration would issue a $5,000 payment to every American adult. He offered few details beyond requiring the money be spent on US goods and services, warning supporters not to spend it abroad. Analysts estimate the payout would cost roughly $1.3 trillion, before administrative expenses or inflationary effects are factored in.
futurism.com
· 2026-09-10
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